HOME BUYER TAX CREDITS

EXTENDED & EXPANDED TO APRIL 30, 2010

The U.S. government recently extended and expanded the home buyer tax credit. The $8,000 first-time home buyer credit that was scheduled to expire November 30th will continue in effect until April 30, 2010.

In addition, beginning December 1, many current homeowners will qualify for a $6,500 tax credit if they’ve lived in their current home for at least five years and are seeking to relocate.

Plus, the income limits for single buyers and married couples were also raised.

There has never been a better time for you or someone you know to take advantage of this tax credit.

If you have a family member or friend who could benefit from learning more about this tax credit program, please have them call us for a free one-hour consultation so we can discuss how these changes will help them.

As you know, there are many changes in effect already in the Real Estate Industry including FHA Financing, Loan Modifications and Short-sales just to name a few. Additional laws in these areas are set to take effect in the upcoming months. As usual, we will follow the changes closely so when you call us or visit our website, you know that the information you receive is the most current and relevant to your situation.

Here on our website are a variety of Real Estate Information and resources. We hope you find this information helpful. Thank you for visiting our website and we hope you come back often for the latest news and information.

On Your Team,

Stephen & Irene